The Australian Government is set to implement changes under the foreign investment framework to allow foreign buyers to purchase an off-the-plan dwelling when another foreign buyer has failed to reach settlement.

The government's proposed changes to allow a foreign investor to purchase an off-the-plan dwelling when another foreign investor has failed to reach settlement is deploying a familiar narrative about foreign investment increasing housing supply and making “housing more affordable for more Australians”…

The story of Perth’s low-density composition and growth is well understood. The increasingly urgent need to develop infill housing for a growing population that results in a more compact city form forms an inevitable part of the discussion about density…

The Australian Ugliness, Robin Boyd wrote in 1960, incorporated the “background ugliness” of Australia’s cities: a suburbia of unloved veneer villas, wanton little shops and big worried factories… the kinds of suburban places that now sell at auction for six or seven figures.

As an Intelligence Analyst and highly experienced Independent Buyers Agent that has purchased over $15 million worth of property for clients in the past 12 months, I regularly get calls from investors asking us to keep an eye out and call them when we see a great deal.

Buying property off the plan is becoming an increasingly more popular choice, helped by its wealth of benefits and affordability, compared to buying an established property. With just a 10% deposit required, it’s easy to see why owner occupiers and savvy investors are attracted to this property option.

The Australian Government is set to implement changes under the foreign investment framework to allow foreign buyers to purchase an off-the-plan dwelling when another foreign buyer has failed to reach settlement.